Current through Register Vol. XLI, No. 42, October 18, 2024
Section 115-1-2 - Definitions2.1. "Board" or "BRI" means the West Virginia Board of Risk and Insurance Management.2.2. "Mine subsidence" means loss to a structure caused by lateral or vertical movement, including collapse which results therefrom, of structures from collapse of man-made underground coal mines. It does not include loss caused by earthquake, landslide, volcanic eruption or collapse of storm and sewer drains and rapid transit tunnels.2.3. "West Virginia Mine Subsidence Insurance Fund" or "Fund" means the fund established within the office of the West Virginia Board of Risk and Insurance Management.2.4. "Policy" means a contract of insurance providing mine subsidence insurance.2.5. "Premiums" means the gross rate charged policyholders for insurance provided by this rule.2.6. "Structure" means any dwelling, building or fixture permanently affixed to realty located in West Virginia, including basements, footings, foundations, septic systems, and underground pipes directly servicing the dwelling or building, but does not include driveways, sidewalks, parking lots, land, trees, plants, crops, or agricultural field drainage tile.